Dzud Disaster Response (ADB-49441-001)

Countries
  • Mongolia
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Canceled
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Apr 6, 2016
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of Mongolia
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
  • Climate and Environment
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 2.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 2.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Aug 11, 2017

Disclosed by Bank Sep 28, 2016


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Project Description
The project consists of activities relating to relief efforts addressing the most urgent survival and livelihood needs of people affacted by the harsh dzud winter weather conditions that have been prevalent in numerous districts across the country since early December 2015. The grant is part of a United Nations-led emergency response for herders and their families afflicted by a protracted climate disaster in Mongolia, known as a “dzud.” ADB’s grant complements some $2.4 million being provided by the UN and will help address the most urgent needs of the vulnerable and affected populations, including food, hay, forage, medical supplies, and fuel. In Mongolia, ADB approvals amounted to $297.5 million in 2015, including 4 sovereign loans for $275 million, 2 project grants for 6 million, and 17 technical assistance grants for $16.5 million
Investment Description
  • Asian Development Bank (ADB)
Contact Information
Ministry of Finance ANUDARI@MOF.PMIS.GOV.MN Government Building-2 Negdsen Undestnii gudamj-5/1 Ulaanbaatar-210646, Mongolia ACCOUNTABILITY MECHANISM OF ADB The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main